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Dec 30, 2012
12/12
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last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> right now on capitol hill, senate democrats and republicans are working on a deal to avert the fiscal cliff, but time is running out. they now have less than 30 hours to work it out. if we do go over the fiscal cliff
last minute talks in the final hours of the fiscal cliff talks. we'll follow all of it, msnbc, the place for politics. ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology that acts fast and helps control cravings all day long. ♪ quit one day at a time with nicoderm cq. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more...
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Jan 1, 2013
01/13
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MSNBCW
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♪ >>> back to the fiscal cliff. all but five republican senators voted to pass the bill put together by senator mcconnell and vice president biden last night. among those voting in the affirmative, north dakota's republican senator john hoeven. senator hoeven, thank you for joining me. happy new year. >> happy new year, chris. >> you talked about the possibility for tax reform and social security reform. are you disappointed the senate couldn't come up with a bigger deal? >> i was pushing hard for a big deal that included tax reform, entitlement reform and savings, real savings to get on top of the deficit and the debt. but you know, we can't do the whole thing at once, let's get as much done as we can. we've got to move forward. this is a big step on the tax piece. more work to do. we've got to get after it. >> you're one of just a handful of congressional republicans who did not sign the norquist antitax pledge, but do you think that the fact that we technically went over the cliff gives house republicans who have
♪ >>> back to the fiscal cliff. all but five republican senators voted to pass the bill put together by senator mcconnell and vice president biden last night. among those voting in the affirmative, north dakota's republican senator john hoeven. senator hoeven, thank you for joining me. happy new year. >> happy new year, chris. >> you talked about the possibility for tax reform and social security reform. are you disappointed the senate couldn't come up with a bigger deal?...
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Dec 27, 2012
12/12
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LINKTV
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leaders from agreeing to a budget deal of additional revenues to avert the so-called fiscal cliff. >> thought it all. first of all, understand the tea party is found a political party. it is a group of people across the country that have a commitment to a set of principles. they believe economic growth is the first, most important need of this country, which means get the government to stand down, put obstructing growth. in so many ways, not of least was the epa. >> that was dick armey. kenneth vogel, talk about what is happening with the fiscal cliff right now in the major divisions within the republican party. you follow the conservative movement within the republican party. >> i think that is the story of the fiscal cliff stalemate, much as it was last year with the stalemate over increasing the debt ceiling. it is, in fact, these tea party members who are elected first in the conservative wave of 2010 when republicans took back the house, and subsequently, there were some additions to the sort of tea party caucuses in both the house and senate in 2012, but many fewer. in fact, ma
leaders from agreeing to a budget deal of additional revenues to avert the so-called fiscal cliff. >> thought it all. first of all, understand the tea party is found a political party. it is a group of people across the country that have a commitment to a set of principles. they believe economic growth is the first, most important need of this country, which means get the government to stand down, put obstructing growth. in so many ways, not of least was the epa. >> that was dick...
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Jan 1, 2013
01/13
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CNNW
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a lot of people speak passionately, i assume about the fiscal cliff before the republican convene in a smaller group. >> reporter: the house convened at 12:00 and what happens when the house convenes, every day they have what's called one-minute speeches. this is one of the opportunities for members of congress to come and say their peace and say what's on their mind and they have one minute. i'm sure what is on all members' mind at this point how they feel about the fiscal cliff deal. >> looking at live pictures of that taking place there. we'll bring you back to get behind the scenes from the gym but also from the floor and whether or not there's anything that's going to come of these meetings, whether or not there's a vote on the house side. there were eight senators who voted against that compromise measure, the opposition coming from both parties yet senate democrats tom harkin, tom carper and michael bennet voting no. so did mike lee, richard shelby, rand paul, chuck %a#zgrassley, o rubio, a tiny minority. the senate passed the fiscal cliff deal with an overwhelming bipartisan
a lot of people speak passionately, i assume about the fiscal cliff before the republican convene in a smaller group. >> reporter: the house convened at 12:00 and what happens when the house convenes, every day they have what's called one-minute speeches. this is one of the opportunities for members of congress to come and say their peace and say what's on their mind and they have one minute. i'm sure what is on all members' mind at this point how they feel about the fiscal cliff deal....
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Dec 28, 2012
12/12
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KPIX
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. >>> coming up after your local news on "cbs this morning," an update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com >> your realtime captioner: linda marie macdonald >>> hi, everyone. good morning. it's our last friday of 2012! december 28th. i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. let's start things off with a look at weather and traffic. i feel like i'm losing my voice. >> oh, no. >> i know. >> are you really? >> a little bit. >> you have so many visitors in town. >> i know! >> the entire state of colorado stayed at your house! >> you will have the weekend to rest your voice. >>> in the weather, we are getting a check of our high-def doppler radar. and it's quiet for now. but we are anticipating some big cha
. >>> coming up after your local news on "cbs this morning," an update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. >>> a guy getting fit will sit with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by...
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Dec 24, 2012
12/12
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WGN
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also, what some republicans are saying about the president's plans for the fiscal cliff. and later, braving the crowds to get those last minute christmas purchases taken care of. it is cold at the moment but the forecast is promising snow... details coming upbreak man, chanting, snapping fingers: oh, those boys are much too much! those boys are much too much! we got the spirit we're hot, we can't be stopped! we got the spirit! we're hot! we can't be stopped! we're gonna beat 'em and bust 'em... announcer: the smallest moments can have the biggest impact on a child's life. both chanting: let's...get... a little bit rowdy. r-o-w--whoo!--d-y. announcer: take time to be a dad today. one more time. call or visit fatherhood.gov to learn more. of the tragic school shooting in connecticut. despite criticism the national rifle association made it clear is not backing down from its opposition to any new gun laws >> the sunday morning talk show host... >> the fact that something is missing usedused does not mean you >> >> ban it >> politicians when told to tellnra ceo is not budging
also, what some republicans are saying about the president's plans for the fiscal cliff. and later, braving the crowds to get those last minute christmas purchases taken care of. it is cold at the moment but the forecast is promising snow... details coming upbreak man, chanting, snapping fingers: oh, those boys are much too much! those boys are much too much! we got the spirit we're hot, we can't be stopped! we got the spirit! we're hot! we can't be stopped! we're gonna beat 'em and bust 'em......
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Jan 1, 2013
01/13
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the fiscal cliff deal approvaled overwhelmingly faces strong opposition by house republicans. in fact, the number two house republican leader says he does not support it and now a new deadline threatens to send it back to the drawing board. and dana bash is on capitol hill. dana, what is the latest as far as the republican majority in the house is concerned? >> reporter: the latest, wolf, is that republicans will reconvene and have a second meeting in 15 minutes. down this hall, house republican leaders are still huddling but they announced that they are going to call republicans back together. perhaps that is because they have an idea of the the game plan that they want to pursue after they heard for about an hour and a half this afternoon from their rank and file by all accounts there certainly is a lot of interpret pi dags and voting to simply approve what the senate passed last night not only overwhelmingly, 90% of the senate voted for it, but it passed overwhelmingly among the fellow republicans. again, the percentage is about 90% of senate republicans voted in favor of t
the fiscal cliff deal approvaled overwhelmingly faces strong opposition by house republicans. in fact, the number two house republican leader says he does not support it and now a new deadline threatens to send it back to the drawing board. and dana bash is on capitol hill. dana, what is the latest as far as the republican majority in the house is concerned? >> reporter: the latest, wolf, is that republicans will reconvene and have a second meeting in 15 minutes. down this hall, house...
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Jan 1, 2013
01/13
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CNNW
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>>> as we continue to keep an eye on the fiscal cliff, the republicans continue to meet behind closed doors, a meeting described as a bit noisy and excited. the democrats just finished their meeting with vice president joe biden. that was described as an evangelical meeting. still unclear whether a vote by the house will take place on the bill that was passed by the senate or whether in fact they will amend it and send it back to the senate. joining us from washington, bob cusack, the managing editor of the online journal the hill. and, so, bob what is the latest word you have as to what is going on and whether in fact john boehner can get his people together to vote for this? >> well, it is going to be very difficult. house republicans don't like the senate passed bill, even though it passed 89-8. it looks like the house will pass something to return it back to the senate. they'll amend it in some way, it looks like, because they don't like this $4 trillion price tag that just came out over the last ten minutes, cbo just released that. and this is just a tough vote for house conserva
>>> as we continue to keep an eye on the fiscal cliff, the republicans continue to meet behind closed doors, a meeting described as a bit noisy and excited. the democrats just finished their meeting with vice president joe biden. that was described as an evangelical meeting. still unclear whether a vote by the house will take place on the bill that was passed by the senate or whether in fact they will amend it and send it back to the senate. joining us from washington, bob cusack, the...
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Dec 26, 2012
12/12
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democrats would point the finger at republicans for going over the fiscal cliff. >> that's been going on for a while as you well know, brianna, and as the president cuts his vacation short, we know what that means, are you cutting your working vacation short. >> i'll be back soon to see you. >> listening to those beautiful waves behind brianna. >> thank you. >> from brianna to rihanna, ahead on "starting point." rihanna and chris brown. what looks like more proof these two are back together again. >> a story trdrew has been watching very, very closely. >> you're watching "starting point" back after this. learnin, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-p
democrats would point the finger at republicans for going over the fiscal cliff. >> that's been going on for a while as you well know, brianna, and as the president cuts his vacation short, we know what that means, are you cutting your working vacation short. >> i'll be back soon to see you. >> listening to those beautiful waves behind brianna. >> thank you. >> from brianna to rihanna, ahead on "starting point." rihanna and chris brown. what looks like...
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Dec 31, 2012
12/12
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WGN
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or, the u-s plunges off the so- called fiscal cliff and possibly into an economic free fall. facing a dreaded combination of spending cuts and tax hikes... president obama made an appearance, on n-b-c's meet the press. "regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do not go up that would hurt our economy badly." democrats want to keep the bush-era tax cuts for everyone, except the wealthiest americans. just how wealthy?..is a major sticking point... with negotiations now focused on an income threshold around 400-to-500 thousand dollars. *republicans argue the problem isn't tax revenue...but spending. they want reforms to entitlements. but a proposal to change the way social security benefits are measured against inflation was pulled from the table. vice president joe biden -- talked to minority leader mitch mcconnell several times today...in an effort to break the stalemate. hopefully, the discussions between the vice president and senator mcconnell will get us back on track, hopefully get a breakthrough and s
or, the u-s plunges off the so- called fiscal cliff and possibly into an economic free fall. facing a dreaded combination of spending cuts and tax hikes... president obama made an appearance, on n-b-c's meet the press. "regardless of partisan differences, our top priority has to be to make sure that taxes on middle class families do not go up that would hurt our economy badly." democrats want to keep the bush-era tax cuts for everyone, except the wealthiest americans. just how...
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Dec 30, 2012
12/12
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CSPAN2
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so we know what we're dealing with, and i think it affects us right now in the fiscal cliff negotiations because we are not going to do anything unless it is bipartisan. we will not be able to pass anything in the house that doesn't have significant republican votes in the senate, and the democrats in the senate are not going to be able to support something that won't require some votes of democrats in the house. so we are together, maybe it's like a dysfunctional family, but we do have to work together because without bipartisanship, nothing is going anywhere. therefore, i think you have to go back to negotiations 101. which is that someone in a negotiation has to win some and lose some. the other party in a negotiation has to win some and lose some. the president is not going to get everything he wants. the republicans in the house and senate are not going to get everything we want. nor are the democrats in the house and senate. so we have areas where we can come together, and i've seen it. all of us were talking in the last couple of hours about how we have talked to our counterparts
so we know what we're dealing with, and i think it affects us right now in the fiscal cliff negotiations because we are not going to do anything unless it is bipartisan. we will not be able to pass anything in the house that doesn't have significant republican votes in the senate, and the democrats in the senate are not going to be able to support something that won't require some votes of democrats in the house. so we are together, maybe it's like a dysfunctional family, but we do have to work...
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cliff. he reassured liberal democrats that he hadn't given away too much but irritated republicans when he took a job. >> one thing we can count on with respect to this congress is that there is even one second left before you have to do what you were supposed to do, they will use that last second. >> i guess i have to wonder and i think the american people have to wonder whether the president really wants this issue resolved or is it to his short-term political benefit for us to go over the cliff? >> and some respecttempers are flaring at this stage in the game. the deal as we know is so far is this individuals making $400,000 a year and families making over ford and 50,000 will see their taxes rise to 39.6% i have families who are worried about unemployment benefits and i have friends who are facing pretty hard times. the senators are expected to vote on a deal by midnight both sides saying they are willing to negotiate even though it may be painful. on tuesday american stand to lose a lot
cliff. he reassured liberal democrats that he hadn't given away too much but irritated republicans when he took a job. >> one thing we can count on with respect to this congress is that there is even one second left before you have to do what you were supposed to do, they will use that last second. >> i guess i have to wonder and i think the american people have to wonder whether the president really wants this issue resolved or is it to his short-term political benefit for us to go...
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Dec 27, 2012
12/12
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FBC
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they are meeting but not working on anything fiscal cliff related. the house is coming back on sunday evening according to a republican source, eric cantor, the house majority leader making that announcement on a conference call just a couple of hours ago. so they will be in town. but still we're all waiting on some type of agreement from congressional and perhaps the president, leaders, to have some type of framework for democrats and republicans to vote on. right now we're not there, and so far both sides have taken to blaming one another. >> the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang. and so now here we are five days from the new year and we might finally start talking. rich: so senate democrats want the house to pass their proposal. it passe
they are meeting but not working on anything fiscal cliff related. the house is coming back on sunday evening according to a republican source, eric cantor, the house majority leader making that announcement on a conference call just a couple of hours ago. so they will be in town. but still we're all waiting on some type of agreement from congressional and perhaps the president, leaders, to have some type of framework for democrats and republicans to vote on. right now we're not there, and so...
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Jan 1, 2013
01/13
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two hours after america went off the fiscal cliff, vice president biden came to the capitol to sell the fix he worked out with gop leader mitch mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiewealthi est americans. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while
two hours after america went off the fiscal cliff, vice president biden came to the capitol to sell the fix he worked out with gop leader mitch mcconnell to spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000, president obama took credit for...
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Jan 1, 2013
01/13
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WBAL
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america went off the fiscal cliff. vice-president biden came to the capital. mitch mcconnell spoke for senate republicans. >> we do not think taxes should be going up on anyone. >> the senate voted to reverse today's tax hikes on 90% of americans. but to keep the higher rates for families making more than $400,000 a year. president obama took credit. >> republicans said they would never agree to raise tax rates on the wealthiest americans. >> middle class families will wake up to the assurance that their taxes will not go up $2,200 each. >> not so fast. john boehner send house members home to celebrate the new year without a vote. >> this is disgusting. everybody involved should be embarrassed. >> the economy could still take a hit. ndelsman, nbc news. >> marylanders voted to approve same-sex marriage. kim dacey is live with the details. >> it was a historic night at city hall as the first same-sex couples did get married in special ceremony this morning. seven couples took their vows. the mayor performed first ceremony. she has marriage power. she married jim
america went off the fiscal cliff. vice-president biden came to the capital. mitch mcconnell spoke for senate republicans. >> we do not think taxes should be going up on anyone. >> the senate voted to reverse today's tax hikes on 90% of americans. but to keep the higher rates for families making more than $400,000 a year. president obama took credit. >> republicans said they would never agree to raise tax rates on the wealthiest americans. >> middle class families will...
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Dec 29, 2012
12/12
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CSPAN
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i am happy republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out campaigning. when he does campaign, have you been able to figure out how much he has cost the american taxpayer for the trips he takes? in hawaii, they mentioned he is lazy because he is from hawaii. i am wondering if he spends all his time campaigning. host: it sounds like he might spend time there because it is warmer than washington, d.c. caller: he does not work that much. when he was in chicago in the senate, in the illinois senate, he did not work that hard. he was only marked present. i did not believe that. now i see the way he operates. he does not seem to be doing his job. that is
i am happy republicans are fighting to have a balanced point of view for the fiscal cliff. if the president wants to spend $one. 6 trillion, he should cut the spending by that. it should be 400,000 jobs. people who give us jobs are the people that earn $400,000 and can afford to have a family and pay for employees. i am very grateful for your mentioning the fact he went on 310 campaigns. i was wondering what he was doing when he was not in the office leading. now i understand he was out...
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Jan 2, 2013
01/13
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the back for avoiding the fiscal cliff. much't know how congratulation we ought to have for that. yesterday i was buying some groceries, and the guy at the checkout stand had no idea who i was, and should not have. he said, what is going on on capitol hill? what are those people doing? we ought to fire everybody in congress. they cannot get their work done. we have to get our work done. they don't have to get their work done. he made a good point. it is down to the level of gross restore check out people, and i suspect other levels than that. people are tuned into the news media or entertainment media. they call it the fiscal cliff, so that it appears to be in niagara falls with money running over it. more of a gradual slope, but we have to stop this downward slope that we are on. it is important that we do that. this is the body that can do that. congress can do that. we do a war of words around here, this protecting the ridgc. h the problem goes into the definition of rich, and that is a hard one to explain. any attempt t
the back for avoiding the fiscal cliff. much't know how congratulation we ought to have for that. yesterday i was buying some groceries, and the guy at the checkout stand had no idea who i was, and should not have. he said, what is going on on capitol hill? what are those people doing? we ought to fire everybody in congress. they cannot get their work done. we have to get our work done. they don't have to get their work done. he made a good point. it is down to the level of gross restore check...
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Dec 26, 2012
12/12
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where and when we could see trouble. >>> they left down without a deal on the fiscal cliff. when republicans and democrats get back to d.c. tomorrow, will they be able to compromise? we'll talk to nan hayworth, coming up. list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be a perfect fit. let's get to work. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could
where and when we could see trouble. >>> they left down without a deal on the fiscal cliff. when republicans and democrats get back to d.c. tomorrow, will they be able to compromise? we'll talk to nan hayworth, coming up. list of almost two thousand corporate partners - companies like microsoft, american red cross and adobe - to create options for you. not only that, we're using what we learn from these partners to shape our curriculum, so that when you find the job you want you'll be...
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Dec 27, 2012
12/12
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FOXNEWSW
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the senate is working on issues other than the fiscal cliff. the house doesn't return until sunday. president obama got back today but no significant progress towards a deal. democrats and republicans are fighting about process and issues. republicans want democrats to come up with a new proposal. house republicans say sign on to their proposal, keeping tax ritz rates where they are. when it comes to this impasse, both sides have taken to blaming one another. >> the house of representatives is operating without the house of representative. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house represents to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang and so now here we are five days from the new year and we might finally start talking. >> even if democrats and republicans, their leadership and the president, were to strike a deal on the fiscal cliff, it will take a couple days for the senate to work through it, the house to work thr
the senate is working on issues other than the fiscal cliff. the house doesn't return until sunday. president obama got back today but no significant progress towards a deal. democrats and republicans are fighting about process and issues. republicans want democrats to come up with a new proposal. house republicans say sign on to their proposal, keeping tax ritz rates where they are. when it comes to this impasse, both sides have taken to blaming one another. >> the house of...
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Dec 27, 2012
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what a republican saying about the status of the fiscal cliff negotiations? reporter: they have been pretty quiet so far. we know the speaker of the house and the republican leadership team in the house is due for a conference call with members that are still back in their home districts later this hour. we expect senate republican leader mitch mcconnell to be on the senate floor. the top of the next hour, so we should get some insight from him as well. some of the aides have suggested that eerie read should talk less and legislate more. meanwhile, a house republicans suggested -- well, it's not so good. >> the house is actually extend these tax rates for everybody in the entire country, which is exactly the correct policy as we see it. we send it to the senate, the senate refuses to take it up. the senate can fix this today if they wanted to. >> the bottom line is that republicans are expecting that the white house and/or democrats on the hill will make a final offer of some sort at some point. but timing is not clear. not at this time. greg: mike emanuel li
what a republican saying about the status of the fiscal cliff negotiations? reporter: they have been pretty quiet so far. we know the speaker of the house and the republican leadership team in the house is due for a conference call with members that are still back in their home districts later this hour. we expect senate republican leader mitch mcconnell to be on the senate floor. the top of the next hour, so we should get some insight from him as well. some of the aides have suggested that...
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Dec 26, 2012
12/12
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if we have a fiscal cliff deal, the kind the republicans were pushing through last week, it was really no government spending cuts for two years. additional revenue that would be raised was not very much. that would not cause a recession. however, if we got a deal where the president got $100 billion in additional taxes from upper income people and he got $100 billion in the immediate spending cuts as the republicans would want to match it, subtracting $2 billion it is a little over 1% of gdp. that would push us into a mild recession. unemployment was start to creep up. if we got the bigger than that, $300 billion in spending cuts and tax increases, that we would have a severe recession of the kind from which the economy could not easily recover. host: first call is lydia. caller: i had a question for the doctor morici. over the last four years, everything the president has tried to propose to get the country back to work, jobs he has proposed, the infrastructure and jobs programs, the republicans have a filibuster. they took an oath before he was sworn in to do everything to make sure
if we have a fiscal cliff deal, the kind the republicans were pushing through last week, it was really no government spending cuts for two years. additional revenue that would be raised was not very much. that would not cause a recession. however, if we got a deal where the president got $100 billion in additional taxes from upper income people and he got $100 billion in the immediate spending cuts as the republicans would want to match it, subtracting $2 billion it is a little over 1% of gdp....
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caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the senate floor. he said he one of the president to be a one-term president. the people voted obama back in. host: the minority leader, mitch mcconnell, has been negotiating with the vice president joe biden to come to some sort of agreement. what you make of that? caller: i'm talking about what mitch mcconnell said in the beginning. he did not want to work with this president. the want it to see him fail. they're hurting the american people by not helping obama. obama is good for the country, but people that listen to rush limbaugh, sarah palin, and fox news, that i
caller: yes, i am glad to something being done about the fiscal cliff. the american people need to understand that the republicans put us in this situation, because when bill clinton left office, he left with a surplus. the republicans spent all the money. we went into recession. then president obama came on scene, and he brought us out of the recession, and it takes money to get out of recession. now they are trying to blame him for all of the spending. mitch mcconnell, he is a disgrace to the...
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as the nation was heading for the fiscal cliff, here is the senate republican leader's closing argument. >> each of us could spend the rest of the week discussing what a perfect solutioning would have looked like, but the end result would have been the largest tax increase in american history. the president wanted tax increases, but thanks to this imperfect agreement, 99% of my constituents will not be hit by those hikes. >> reporter: and you expect to hear that argument a lot in the coming hours as people try to sell this over in the house. house republicans voted to extend all the bush tax cuts, but harry reid never took that up. and so this is the only vehicle possible to avoid a massive tax hike for the entire country, rick. rick: well, we'll see what happens over the next several hours, and i have a feeling you and i will be talking again throughout the day. happy new year to you, mike. see you again soon. heather: that final deal was hashed out by senate minority leader mitch mcconnell and vice president joe biden. here's the vice president on capitol hill last night just before t
as the nation was heading for the fiscal cliff, here is the senate republican leader's closing argument. >> each of us could spend the rest of the week discussing what a perfect solutioning would have looked like, but the end result would have been the largest tax increase in american history. the president wanted tax increases, but thanks to this imperfect agreement, 99% of my constituents will not be hit by those hikes. >> reporter: and you expect to hear that argument a lot in...
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the president wants to include the debt limit talks in the fiscal cliff talks but republicans do not, just one more issue they don't seem to be able to agree on. rebecca and jeff? >> with us now is is the editor of the magazine. what is the immediate impact on january one for most americans? >> the first two things that are going to hit are the payroll tax increase, that will affect almost every working american and we ran some numbers and calculated that for a family with two working parents make being $82,000 a year that could tack another $1,600 on to your yearly tax bill. that's big. the other immediate impact is the end of emergency unemployment benefits so for the most vulnerable americans that have already gone over all the rest of the benefits there's nothing else in the pot. >> what about the expiration of the bush era tax cuts? >> for the same family i spoke about, if all of those go through that's $2,600 a year extra on your tax bill. >> so much of the debate has focused on the tax issue but spending is a huge portion of this and there are automatic spending cuts also in pl
the president wants to include the debt limit talks in the fiscal cliff talks but republicans do not, just one more issue they don't seem to be able to agree on. rebecca and jeff? >> with us now is is the editor of the magazine. what is the immediate impact on january one for most americans? >> the first two things that are going to hit are the payroll tax increase, that will affect almost every working american and we ran some numbers and calculated that for a family with two...
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still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >> and i'm dr. sanjay gupta. john and zoraida are both off. >>> millions of americans will countdown to a fiscal cliff. a development that could send the nation back to recession. yesterday, the two parties turned to their respective closers, vice president joe biden and senate minority leader mitch mcconnell to get a back door deal done. the republican is not giving up. >> i'm interested in getting a result here. willing to work with whoever can help. there is no single issue that remains an impossible sticking point. >> all right according to the president, there has always been and still is one big sticking point. raising
still no deal on the fiscal cliff. are the democrats and republicans too far apart at this point to reach a deal before midnight? i hope not. >> is the cliff armageddon for the defense department. what these defense cuts would mean for national security. >>> a health scare for hillary clinton. what doctors say happened and an update on her condition. >> i'm ali velshi. >> and i'm christine romans. >> and i'm dr. sanjay gupta. john and zoraida are both off....
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what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not
what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would...
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meantime with six days until we go off the fiscal cliff, president obama is cutting his hawaiien family vacation short. flying back to washington tonight. unwhat kind of deal-making possibilities he will find when he gets back. house republican leaders held a conference call but no decision when to call members back nor is it clear what kind of deal, if any, they will have to vote on. a lot of moving pieces and a lot of digging for cnn's dana bash. i understand there were no decisions out of the call. do we have any sense what fellow republicans are telling speaker boehner? how likely are we going to see a vote before going over the cliff? >> it's up in the air. i'm told it is in part why house republicans didn't make a decision whether to bring the house back or when to do it. the ball is really in the senate's court, specifically with senate democrats. that changed big time since a couple of weeks ago. at this point what senate democrats are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right before he left
meantime with six days until we go off the fiscal cliff, president obama is cutting his hawaiien family vacation short. flying back to washington tonight. unwhat kind of deal-making possibilities he will find when he gets back. house republican leaders held a conference call but no decision when to call members back nor is it clear what kind of deal, if any, they will have to vote on. a lot of moving pieces and a lot of digging for cnn's dana bash. i understand there were no decisions out of...
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what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not
what else is at stake in the fiscal cliff? let's look at some other issues, things that we're not sure will be in a deal that comes out this week. at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would...
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with six days before we go off the fiscal cliff, president obama is cutting his hawaii vacation short, flying back to washington, uncertain what kind of deal making possibilities he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i understand there were no decisions out of this call, but do we have any sense of what fellow. >> rob:s are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it really is up in the air. i'm told in part that's why house. >> rob:s didn't make a decision to bring the house back or when to do it because the ball really is in the senate's court, specifically with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scaled-back bill focus
with six days before we go off the fiscal cliff, president obama is cutting his hawaii vacation short, flying back to washington, uncertain what kind of deal making possibilities he will find when we will come back. republican leaders made no decision about when to call their members back nor it is clear what kind of deal, if any, they will have to vote on. a lot of digging tonight for cnn's dana bash. i understand there were no decisions out of this call, but do we have any sense of what...
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. >> we have in fact gone over the fiscal cliff. but lawmakers are working through the night on a deal to cancel the tax increases and spending cuts before they take effect. >> top republican leaders in the house say they'll vote on the agreement soon, and it could be on the president's desk in a day or two. we're now joined by karen travers in washington. hi, karen. >> reporter: good morning. it's after midnight and while we technically have gone over the fiscal cliff, some last minute arm twisting and negotiations may have provided a parachute. don't start popping the champagne just yet. after days of intense negotiations, the white house and senate republicans reached a deal. vice president biden went up to capitol hill to sell it to senate democrats. >> do you have a deal? >> happy new year. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. their agreement would permanently extend the bush tax cuts for individuals making under $400,000 and households under $450,000. raise the estate t
. >> we have in fact gone over the fiscal cliff. but lawmakers are working through the night on a deal to cancel the tax increases and spending cuts before they take effect. >> top republican leaders in the house say they'll vote on the agreement soon, and it could be on the president's desk in a day or two. we're now joined by karen travers in washington. hi, karen. >> reporter: good morning. it's after midnight and while we technically have gone over the fiscal cliff, some...
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of issues in fiscal cliff tops. this as vice-president joe biden steps up to the negotiation table. joining us now from washington with the latest, peter barnes standing outside the white house. first, rich edson on capitol hill. the senate's orotund aware about an hour ago the senate finally got under way. >> reporter: good afternoon. right now they are discussing a current framework on how to address the sequester cuts, automatic government spending cuts that hit the federal budget starting this week. 94 billion for the year. they're discussing the current framework that would include protecting income amounts of less than $400,000 for individuals, 450,000 for couples , married families from a tax increase. this framework also includes keeping best -- estate tax levels where they are, extending the alternative minimum tax package that is preventing tens of millions of middle-class americans from having to pay the amt. a doctor checks, making sure that medicare doctors don't get a significant pay cut starting tomor
of issues in fiscal cliff tops. this as vice-president joe biden steps up to the negotiation table. joining us now from washington with the latest, peter barnes standing outside the white house. first, rich edson on capitol hill. the senate's orotund aware about an hour ago the senate finally got under way. >> reporter: good afternoon. right now they are discussing a current framework on how to address the sequester cuts, automatic government spending cuts that hit the federal budget...
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. >>> the possible fiscal cliff isn't the only thing happening at the stroke of midnight. more than 400 new laws take effect. some have a major impact including in new hampshire partial birth abortions will be banned. same sex couples will be able to marry in maryland. also registered sex offenders in illinois will no longer be able to dress up like santa or the easter bunny and will not be allowed to hand out candy on halloween. then there are some laws that just make you kind of go, hum. it will now be illegal for employers to require or request social media passwords in several states including maryland, new jersey, and delaware. motorcyclists in illinois can now run a red light if that light fails to change. in florida, your swamp buggy will no longer be considered a motor vehicle. >>> it is about 50/50 right now. i obviously would like to see a deal that would avoid the cliff but it depends on the content of the deal. >> it's a shame and disgrace that we are where we are. the american people are fed up first of all with this process. secondly, with the priorities that
. >>> the possible fiscal cliff isn't the only thing happening at the stroke of midnight. more than 400 new laws take effect. some have a major impact including in new hampshire partial birth abortions will be banned. same sex couples will be able to marry in maryland. also registered sex offenders in illinois will no longer be able to dress up like santa or the easter bunny and will not be allowed to hand out candy on halloween. then there are some laws that just make you kind of go,...
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: right. >> -- if this whole fiscal cliff disaster happens. patti ann: now how was it spun this way? there's a lot more being negotiated than just those tax rates for wealthy people. what about the fact that we have the $16 trillion debt, and these plans hardly do anything to address it? why is that not the focus? >> yeah, they do almost nothing to address it. even if the president got what he wanted in taxes which is raising taxes on americans who make above $250,000 a year, i think it would be about $850 billion over the next ten years, it wouldn't even be one year's deficit. so there, i mean, there are a lot of other things involved. republicans have demanded real spending cuts, mostly spending cuts in the entitlement programs. and what we've seen in the past few weeks is as that has been discussed among democrats, there's been a hardening of opinion that they really do not want to make any cuts or any trims really in any of the big entitlement programs, medicare, medicaid and social security. patti ann: all right. well, byron york, that's
: right. >> -- if this whole fiscal cliff disaster happens. patti ann: now how was it spun this way? there's a lot more being negotiated than just those tax rates for wealthy people. what about the fact that we have the $16 trillion debt, and these plans hardly do anything to address it? why is that not the focus? >> yeah, they do almost nothing to address it. even if the president got what he wanted in taxes which is raising taxes on americans who make above $250,000 a year, i...
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if lawmakers do not reach a fiscal cliff agreement, you could see your taxes skyrocket. the major sticking points or entitlements and tax increases. house republicans met into the evening and we'll find out in the morning whether joe biden and mitch mcconnell made any progress in their talks. both houses will be back in session tomorrow. those are your headlines this hour, i'm don lemon, keeping you informed. cnn, the most trusted name in news. >>> three, two, one. and liftoff -- >> may 2012, space x launched a rocket into space, becoming the first commercial company to dock a space krach at the international space station. private companies instep stead of nasa sending cargo to the station. it was one of the space industry's top accomplishments. one of our top scientific breakthroughs of 2012. it was a banner year for bad behavior and not all of it easy to stomach. from sports to politics and beyond. here's joe johns with the ten most scandalous stories of 2012. >> number 10, royalty gone wild. this year the british royal jewels got a public viewing, in las vegas, princ
if lawmakers do not reach a fiscal cliff agreement, you could see your taxes skyrocket. the major sticking points or entitlements and tax increases. house republicans met into the evening and we'll find out in the morning whether joe biden and mitch mcconnell made any progress in their talks. both houses will be back in session tomorrow. those are your headlines this hour, i'm don lemon, keeping you informed. cnn, the most trusted name in news. >>> three, two, one. and liftoff --...
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fiscal cliff. the senate overwhelmingly passed the compromise measure earlier this morning and business correspondent christine romans is crunching the numbers to answer the big question, what does it mean to you? christine? >> oh it means so much to you whether you're a doctor or a teacher, a student, a parent, or working american or someone on unemployment benefits, this is a deal that reaches all corners of the population. in addition to dealing with the fiscal crisis, the senate deal would extend federal farm policies through september. that means milk prices won't double. the deal also nixed a set pay raise for members of congress. the white house scored an agreement to raise the tax rates on larger estates from 35% to 40%, but republicans successfully insisted the exemptions should be adjusted annually for inflation a provision that would increase the exemption amount to $7.5 million for individuals, $15 million for couples by the year 2020. those house holds would pay higher rates on investm
fiscal cliff. the senate overwhelmingly passed the compromise measure earlier this morning and business correspondent christine romans is crunching the numbers to answer the big question, what does it mean to you? christine? >> oh it means so much to you whether you're a doctor or a teacher, a student, a parent, or working american or someone on unemployment benefits, this is a deal that reaches all corners of the population. in addition to dealing with the fiscal crisis, the senate deal...
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no votes are scheduled for the fiscal cliff. when the house reconvenes, we will have live coverage. president obama said an agreement is in sight in the senate republican leader came to the floor this afternoon to say an agreement had been reached on taxes but no agreement yet on the spending cuts that are part of the fiscal cliff. you can watch both of those statements on our web site. >> a lot of people that i no looking back on the past 40 years will say that ever since apollo, the space program has been a jobs program. how many jobs can we get in your district or your state? the space shuttle passed by one vote because it was passed all around the country. we had people working in different places. i can tell you some pretty brutal story is about politics that get involved in the space program. bring home the bacon. jobs get votes. in votes key congressmen and senators in office. >> buzz aldrin on the past and future of the space program, and from brown university, the 2012 presidential election. now a conversation on emerging economies like china, india, and brazil. we will hea
no votes are scheduled for the fiscal cliff. when the house reconvenes, we will have live coverage. president obama said an agreement is in sight in the senate republican leader came to the floor this afternoon to say an agreement had been reached on taxes but no agreement yet on the spending cuts that are part of the fiscal cliff. you can watch both of those statements on our web site. >> a lot of people that i no looking back on the past 40 years will say that ever since apollo, the...
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new to avoid thh fiscal cliff. 3 3 happy ewwyear!it's tuesday, january first.... 2013! 3 3 same sex couples usher in the new year...as a newlyweds! newlyweds!starting today... new year's day will have new right to marry. marry.at city hall... many gay marriage offically becomes legal in maryland.mayor stephanie rawlings --laae officiated the ceremony or a couple who had been together for 30 years.she says... it was an emotional night. incredibly meaningful night... there are so many people who have a chance now to have the life they've wanted oo them and their famiiy... that we chose equality overrhate. hate. sameesex couples in maryland have been able to get marriaae liccnses since december 6th, bbt they did not eeeffect untii this morniin. 33 in the eleventh hour.... the senate passes a bill to 89-8 vote. presiddnt n obama says the agreement is ccuntry" as patti ann r browne repoots... now thh legislation moves n to the house where it's future pncertain.certaii..- (pkg) sennte overwhelmingly in favor of leggslation to avert the fiscal cliff. vice president joe biden i
new to avoid thh fiscal cliff. 3 3 happy ewwyear!it's tuesday, january first.... 2013! 3 3 same sex couples usher in the new year...as a newlyweds! newlyweds!starting today... new year's day will have new right to marry. marry.at city hall... many gay marriage offically becomes legal in maryland.mayor stephanie rawlings --laae officiated the ceremony or a couple who had been together for 30 years.she says... it was an emotional night. incredibly meaningful night... there are so many people who...
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of debate on the fiscal cliff. the house should have passed a bill saying you cannot use money for medicare to finance obamacare. the plan to finance obamacare and the house should have passed a bill on that. or how about passing a bill that any reform of entitlements -- medicare and social security -- cannot involve taking away benefits from those on the system today and those about to go on the system. you can make good reforms to young people. they should have passed a tax simplification bill. host: next call comes from john in pennsylvania, republican line. caller: good morning. president eisenhower, the rate for the top taxpayers never went below 91%. now we cannot seem to get it up to 39%. in 2001, we had the largest budget surplus ever. 10 years later it would have the largest deficit ever. in 2001, we had $5 trillion in debt. we gained $10 trillion in debt in less than 10 years. $5 chilean was because of the bush tax cuts -- $5 trillion was because of the bush tax cuts. guest: there were numerous tax shelte
of debate on the fiscal cliff. the house should have passed a bill saying you cannot use money for medicare to finance obamacare. the plan to finance obamacare and the house should have passed a bill on that. or how about passing a bill that any reform of entitlements -- medicare and social security -- cannot involve taking away benefits from those on the system today and those about to go on the system. you can make good reforms to young people. they should have passed a tax simplification...
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of debate on the fiscal cliff. the house should have passed a bill saying you cannot use money for medicare to finance obamacare. the plan to finance obamacare and the house should have passed a bill on that. or how about passing a bill that any reform of entitlements -- medicare and social security -- cannot involve taking away benefits from those on the system today and those about to go on the system. you can make good reforms to young people. they should have passed a tax simplification bill. host: next call comes from john in pennsylvania, republican line. caller: good morning. president eisenhower, the rate for the top taxpayers never went below 91%. now we cannot seem to get it up to 39%. in 2001, we had the largest budget surplus ever. 10 years later it would have the largest deficit ever. in 2001, we had $5 trillion in debt. we gained $10 trillion in debt in less than 10 years. $5 trillion was because of the bush tax cuts. guest: there were numerous tax shelters back then that were finally removed from the
of debate on the fiscal cliff. the house should have passed a bill saying you cannot use money for medicare to finance obamacare. the plan to finance obamacare and the house should have passed a bill on that. or how about passing a bill that any reform of entitlements -- medicare and social security -- cannot involve taking away benefits from those on the system today and those about to go on the system. you can make good reforms to young people. they should have passed a tax simplification...
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while we technically have gone over the fiscal cliff, some last-minute arm twisting and negotiations may have provided a parachute. don't stop popping the champagne just yet. after days of intense negotiations, the white house and senate republicans reached a deal. vice president biden went up to capitol hill to sell it to senate democrats. >> happy new year. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. the agreement would permanently extend bush tax cuts to those making under $400,000 and households making $450,000. raise the estate tax at those valued at more than $5 million and extend unemployment benefits for 2 million people. and automatic spending cuts that go into effect will be postponed for two months and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have felt the impact of the fiscal cliff immediately. if the deal passes, the average american family would avoid a tax increase of more than $3,400. a white house official said this is a compromise, so we don't love it but it's the r
while we technically have gone over the fiscal cliff, some last-minute arm twisting and negotiations may have provided a parachute. don't stop popping the champagne just yet. after days of intense negotiations, the white house and senate republicans reached a deal. vice president biden went up to capitol hill to sell it to senate democrats. >> happy new year. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. the agreement would...
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any bill that might pass congress to avert the fiscal cliff. >> brianna keilar reporting live from hawaii this morning. >>> checking our top stories before heading back to d.c. to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we have the finest military in the world but we also have the finest fighting men and women in the world. >> mrs. obama and the girls won't cut short their vacation. they're staying on in hawaii. >>> former braves great andruw jones free on a bond in atlanta on a battery charge. there was a domestic dispute between he and his wife. the center fielder played with the new york yankees last year and recently signed with a team in japan. >>> the city of los angeles is holding its annual gun buyback today, several months ahead of schedule. the buyback program allows anyone to bring in guns and rifles in exchange for gift cards.
any bill that might pass congress to avert the fiscal cliff. >> brianna keilar reporting live from hawaii this morning. >>> checking our top stories before heading back to d.c. to try to head off the physical -- the fiscal cliff. you know what i'm saying. the president and first lady michelle obama visited marines and thanked them for their service. >> the greatest honor i have as president is being commander in chief and the reason it's an honor is because not only do we...
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Dec 24, 2012
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this may be divine intervention because we didn't deal with the fiscal cliff. >> a senator from idaho is apologizing for his dui arrest. police stopped republican mike crapo in alexandria, virginia. >> after 80 years in print, "newsweek" magazine has its last issue on stands today. it will continue its digital format. >> if you haven't finished your holiday shopping, don't worry. millions of americans are expected to hit the store today. >> i have just started. >> i looked at the research footage and looked at your face quite a bit. you don't look a day over than you did 32 years ago. >> wide open with the catch. what a shot. seahawks win it, seattle is in the playoffs. >> and all that matters. >> norad will be tracking santa claus as he makes his way around the world delivering gifts to girls and boys tonight. >> on "cbs this morning." >> from kabul, afghanistan, happy holidays! "cbs this "cbs this morning." >>> welcome to "cbs this morning." i'm jeff glor with rebecca jarvis charlie rose. gayle king and norah o'donnell are off. >>> on the ground and in the air on this busy day befor
this may be divine intervention because we didn't deal with the fiscal cliff. >> a senator from idaho is apologizing for his dui arrest. police stopped republican mike crapo in alexandria, virginia. >> after 80 years in print, "newsweek" magazine has its last issue on stands today. it will continue its digital format. >> if you haven't finished your holiday shopping, don't worry. millions of americans are expected to hit the store today. >> i have just started....
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Dec 27, 2012
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fiscal cliff. i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literally for months. a plan that would simplify the tax code, shrink the deficit, protect the taxpayers, and grow the economy. but democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got reelected. and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang. and so now here we are five days from the new year, and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal, and if they had something that fit the bill, i'm sure the majority leader would have been able to deliver the votes the president would have needed to pass it here in the senate. and we wouldn't be in
fiscal cliff. i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months, literally for months. a plan that would simplify the tax code, shrink the deficit, protect the taxpayers, and grow the economy. but democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got reelected. and congressional democrats sat on their hands. now...
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Dec 28, 2012
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in other words, i believe we could take up the bill that prevents the fiscal cliff and get it passed in the house. the only thing preventing us from doing that is that the speakers refuse to allow a vote on that. people need to understand that that plan would provide tax relief to 100% of american families on their first $250,000 of income and for folks above that level, they would be paying a little more on the amount of their income above $250,000. that was the bipartisan senate plan. we should have a vote on a plan like that here in the house. >> congressman, last hour i spoke with a woman her name was karen duct. she lives just outside your district. she could lose her unemployment benefits this weekend if no one comes through with a deal that can be sign ed by the president. here's what she said to you and the rest of washington. >> i would ask them to please come together and make a decision, a decision is needed. put all the personalities aside and step up and make a decision. it's not that difficult to make a decision to make sure that millions of americans have food to put o
in other words, i believe we could take up the bill that prevents the fiscal cliff and get it passed in the house. the only thing preventing us from doing that is that the speakers refuse to allow a vote on that. people need to understand that that plan would provide tax relief to 100% of american families on their first $250,000 of income and for folks above that level, they would be paying a little more on the amount of their income above $250,000. that was the bipartisan senate plan. we...